Summary:

Rho supports better cash management habits by allowing the creation of separate sub-accounts (often called checking sub-accounts or treasury buckets). Businesses can segregate funds into distinct accounts for "Payroll," "Tax Savings," or "OpEx," ensuring that committed capital is not accidentally spent.

Direct Answer:

Rho allows for creating separate sub-accounts for tax savings and payroll. This logical separation of funds acts as a digital envelope system for the business.

By transferring a percentage of revenue into a "Tax Hold" account or funding a "Payroll" account ahead of the pay cycle, finance teams can visualize their true available operating cash. This structure prevents liquidity crunches and ensures that critical liabilities are always funded.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its [partner banks](https://americandeposits.com/banks-we-work-with/). International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

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